HSBC 2015 Annual Report Download - page 132

Report of the Directors: Risk (continued)
Credit risk
HSBC HOLDINGS PLC
130
Renegotiated loans and advances to customers by geographical region
Europe Asia MENA
North
America
Latin
America Total
$m $m $m $m $m $m
First lien residential mortgages 1,461 68 36 10,680 37 12,282
–
neither past due nor impaired 512 47 11 3,376 27 3,973
–
past due but not impaired 174 5 4 1,567 3 1,753
–
impaired 775 16 21 5,737 7 6,556
Other personal lending3 298 272 33 1,054 35 1,692
–
neither past due nor impaired 131 141 24 410 10 716
–
past due but not impaired 51 16 2173 1 243
–
impaired 116 115 7471 24 733
Corporate and commercial 5,215 599 1,411 638 506 8,369
–
neither past due nor impaired 1,467 119 343 93 130 2,152
–
past due but not impaired 109
–
14
–
–
123
–
impaired 3,639 480 1,054 545 376 6,094
Non-bank financial institutions 340 4272
–
–
616
–
neither past due nor impaired 143
–
248
–
–
391
–
past due but not impaired
–
–
24
–
–
24
–
impaired 197 4
–
–
–
201
Renegotiated loans at 31 December 2015 7,314 943 1,752 12,372 578 22,959
–
neither past due nor impaired 2,253 307 626 3,879 167 7,232
–
past due but not impaired 334 21 44 1,740 4 2,143
–
impaired 4,727 615 1,082 6,753 407 13,584
Impairment allowances on renegotiated loans 1,402 193 575 1,014 155 3,339
–
renegotiated loans as % of total gross loans 1.8% 0.3% 5.6% 9.5% 3.2% 2.5%
First lien residential mortgages 1,605 94 58 13,540 60 15,357
–
neither past due nor impaired 529 63 19 3,695 32 4,338
–
past due but not impaired 221 8 1 1,894 5 2,129
–
impaired 855 23 38 7,951 23 8,890
Other personal lending3 324 292 27 1,267 326 2,236
–
neither past due nor impaired 184 173 16 453 14 840
–
past due but not impaired 40 22 5 214 1 282
–
impaired 100 97 6 600 311 1,114
Corporate and commercial 5,469 501 1,439 427 1,324 9,160
–
neither past due nor impaired 1,383 102 483 36 303 2,307
–
past due but not impaired 68
–
31 1 1 101
–
impaired 4,018 399 925 390 1,020 6,752
Non-bank financial institutions 413 4 323 1 1 742
–
neither past due nor impaired 219
–
305
–
–
524
–
past due but not impaired
–
–
–
–
–
–
–
impaired 194 4 18 1 1 218
Renegotiated loans at 31 December 2014 7,811 891 1,847 15,235 1,711 27,495
–
neither past due nor impaired 2,315 338 823 4,184 349 8,009
–
past due but not impaired 329 30 37 2,109 7 2,512
–
impaired 5,167 523 987 8,942 1,355 16,974
Impairment allowances on renegotiated loans 1,458 170 458 1,499 704 4,289
–
renegotiated loans as % of total gross loans 1.9% 0.2% 6.1% 11.5% 3.7% 2.8%
For footnote, see page 191.
The following table shows movements in renegotiated
loans during the year. Renegotiated loans decreased
by $4.5bn to $23bn in 2015, partly due to the Brazilian
reclassification of $1bn. Renegotiated loans in personal
lending reduced by $3.6bn. Included within ‘other’
movements is $2.1bn of CML portfolio assets that were
transferred to ‘Assets held for sale’. Write-offs reduced as
a result of improvements in US economic conditions and
housing market.